I know the premium for 2% or more shareholders gets added to the gross wage without Fica & M/C tax.
The reading i have done on this seems to indicate that the shareholder can get a 100% deduction without regard to the 7.5% medical limitation. Does this mean that it is treated like S/H health inusrance and is an AGI deduction on the 1040, line 29?
The reading i have done on this seems to indicate that the shareholder can get a 100% deduction without regard to the 7.5% medical limitation. Does this mean that it is treated like S/H health inusrance and is an AGI deduction on the 1040, line 29?
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